Cpim stuvia Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Cpim stuvia? On this page you'll find 23 study documents about Cpim stuvia.
Page 2 out of 23 results
Sort by
-
CPIM Part 2 Final Study Guide With Complete Solution
- Exam (elaborations) • 437 pages • 2024
- Available in package deal
-
- $17.89
- + learn more
Distribution requirements planning (DRP) provides transportation planners with: 
Answers 
locations for scheduling deliveries. 
backhauling information. 
load optimization information. 
current and future shipping requirements. - Answer Answer Rationale 
DRP can convert the schedule of planned orders into transportation data elements such as weight, volume, and number of pallets. 
 
current and future shipping requirements. 
 
Which is a decision at the operations strategy level related to plann...
-
APIC'S CPIM Part 1 Post Test Questions With Correct Answers
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
In addition to customer orders, the master production schedule (MPS) might handle which of the following types of demand? 
Bill-of-material items 
Interplant orders 
Dependent demand 
Parts list items - Answer Interplant orders: Interplant demand is usually handled by the master production scheduling system in a manner similar to customer orders. 
 
A shipment of remote control components is delivered to a factory and immediately taken to a workstation ready to begin assembly. What is the name o...
-
CPIM Part 1 Exam Practice Exam Questions With Correct Answers
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
Which of the following tools is considered an important quality management tool? - Answer Control Chart. The primary use of control charts is to detect assignable causes of variation in a process. 
 
In a bill of material, the path that adds up to the greatest number of lead time periods defines the: - Answer Cumulative lead time; cumulative lead time for an items consists of the longest lead time path for a given bill of material. Delivery and demand lead times are subsets of cumulative lead ti...
-
CPIM APICS Exam 1 Questions With Correct Answers
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
Inventory is the ____ of Supply Chain - Answer life blood 
 
Inventory Turns equation - Answer Annual COGS/ Avrg inventory $ 
 
Matrix structure - Answer you can have more than one boss, one product group, Team members come from different teams are also members of the product management office 
 
Centralized corp structure - Answer decisions are made at the top 
 
Appropriate response to risk (4 Parts) - Answer 1. Try to avoid risk 
2. Risk acceptance 
3. Risk transfer 
4. Risk mitigation 
 
Imp...
-
CPIM Practice Exam Questions & Answers Accurate 100%
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
A work center is receiving enough work, but it is not performing to plan. To detect problems in this work center, the planner should compare: - Answer actual output to planned output. 
 
A company is experiencing a change in demand from steady to sporadic. It currently uses economic order quantity (EOQ) to determine purchase quantities for a key component. Which of the following models should it use in the future? - Answer Period order quantity 
 
Which of the following roles of a finished goods...
As you read this, a fellow student has made another $4.70
-
CPIM Exam Study Part 1 Section 2 Questions With Verified Answers
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
-
- $10.99
- + learn more
How does enterprise resources planning (ERP) differ from manufacturing resource planning? - Answer ERP does not dwell on manufacturing alone. 
 
After an order is released, it turns out that not all of the resources needed are available. What will happen next? - Answer There will be idle capacity at some work centers unless rescheduled. 
 
Which of the following are manufacturing order pick lists most likely to exclude? - Answer Floor stock materials issued to the department 
 
A shop order pack...
-
APICS CPIM Final Formulas With Complete Solution
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
order Point 
Deman * (TL)+ SS 
utilization - Answer actual output/design capacity 
 
slack time - Answer =(current date - due date) - amount of time remaining on operation 
 
Saftey stock - Answer customer serice level * sqrt(( theta demand * Lead Time) + ((theata Lead Time * average demand)^2)) 
 
carrying cost - Answer =carry cost rate (avg inv) 
 
Time Availability - Answer = (Equipment) * (hours in time bucket) 
 
Contribution Margin Ratio - Answer Contribution Margin / Sales 
 
Payback Peri...
-
CPIM - Part 1 Formulas Exam Questions With Correct Answers
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
Planned Backlog - Answer Previous Planned Backlog + Planned Input - Planned Output 
 
Actual Backlog - Answer Previous Actual Backlog + Actual Input - Actual Output 
 
Throughput Formula - Answer Revenues Received - Variable Costs/ Units of Time Period 
 
New Safety Stock - Answer Old Safety Stock x √New Lead Time/Old Lead Time 
 
Demand During Lead Time - Answer Units per Period x Lead Time 
 
Takt Time - Answer Available Production Time/Rate of Customer Demand 
 
Cycle Time Formula - Answer ...
-
APICS CPIM Final Formulas With Complete Solution
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
Capacity utilization - Answer =Actual output/total output capacity 
 
order Point - Answer Deman * (TL)+ SS 
 
planned order release - Answer planned receipt/(1- scrap factor) 
 
payback period - Answer cost of investment/ annual cash savings 
 
Return on Investment (ROI) - Answer profits/(cost of investment) 
 
Quick Ratio - Answer current assets-inventory/ liabilities 
 
available time - Answer =equipment * (time in time bucket) 
 
critical ratio - Answer time remaining untill due date /work r...
-
CPIM Part 1 Formulas Solved 100%
- Exam (elaborations) • 2 pages • 2024
- Available in package deal
-
- $8.49
- + learn more
Break-Even in Units - Answer (Fixed Cost)/(Price per Unit - Variable Cost per Unit) 
 
Deseasonalized Demand - Answer (Period Average Demand)/(Seasonal Index) 
 
Period Seasonal Index - Answer (Period Average)/(Combined Period Average) (Ex: Quarter Avg / Year Avg) 
 
Moving Average Forecast - Answer (Sum of Demand for Most Recent Set of Periods)/(Number of Periods) 
 
Exponential Smoothing Forecast - Answer (α*Last Demand)+((1-α)*Last Forecast) 
 
Mean Absolute Deviation (MAD) - Answer (Σ |Ac...
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia